CTBC Financial : Announced by CTBC Financial Holdings on behalf of Taiwan Life Insurance,the new contract amount of the C3 superficies project is accumulated over NTD 500 million
May 26, 2017 at 07:07 am EDT
Share
1.Type of contract: design and consultancy contract
2.Date of occurrence of the event: 2017/05/26
3.Counterparty to the contract and relationship between it and the Company:
Entrusted Project Management Consultant Service Contract (PCM):Moh And
Associates,Inc.
Architectural Design and Supervision Services Job Contract:C.Y.LEE & Partners
Architects / Planners
Relationship with the company:non-stakeholders
4.Major content of the contract (including total contract amount,
anticipated monetary amount of participation in the investment,
and starting and ending dates of the contract), restrictive
covenants, and other important stipulations:
Contract amount for Project Management Consultant Service:tentatively
set at NTD 182,500,000.
Starting and Ending dates of Project Management Consultant Service:
tentatively set from 106/01/09 to 110/12/31.
Contract amount for Architectural Design and Supervision Services Job:
tentatively set at NTD 532,888,000.
Starting and Ending dates of Architectural Design and Supervision Services
Job: tentatively set from 106/06/08 to 110/12/31.
Amount of administrative process expense:tentatively set at NTD 1,000,000.
Starting and Ending dates of administrative process:tentatively
set from 106/06/08 to 106/07/30.
Total contract amount:tentatively set at NTD 716,388,000.
Project Location:Taipei City, Nangang Dist, Land number 15.(C3)
Restrictions and other important matters: n.a.
5.Name of the professional appraisal institution and its appraisal
opinion (not applicable to mandating others to build on the Company's
own land; also, the appraisal opinion should include an appraisal of
the reasonableness of the contractual method of cooperation):n.a.
6.Reason for any significant discrepancy with the transaction amount,
and opinion of the certifying CPA:n.a,
7.Is the appraisal report price a limited price or specific price?:n.a.
8.Has an appraisal report not yet been obtained?:n.a.
9.Reason for an appraisal report not been obtained:n.a.
10.Concrete purpose/objective of the acquisition:According to the insurance
law which is real estate investment.
11.Do the directors have any objection to the present transaction?:n.a.
12.Any other matters that need to be specified:Had signed the entrusted
Project Management Consultant Service Contract(PCM) with Moh And
Associates,Inc on 106/01/09.
CTBC Financial Holding Co. Ltd. published this content on 26 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 May 2017 11:06:19 UTC.
Original documenthttp://ir.ctbcholding.com/html/events_announcements_detail.php?id=10654
Public permalinkhttp://www.publicnow.com/view/77D648E2483F256DA0DE26185257ADF6FF4C8EA5
CTBC FINANCIAL HOLDING CO., LTD. is a Taiwan-based financial holding company. The Company is principally engaged in investment banking business, bills finance business, credit card business, trust business, insurance business, securities business, futures business, venture capital business, securities investment trust business, foreign financial institution investment business and other financial related businesses. The Company operates its businesses in domestic market and overseas markets.
CTBC Financial : Announced by CTBC Financial Holdings on behalf of Taiwan Life Insurance,the new contract amount of the C3 superficies project is accumulated over NTD 500 million